Brothers Empowered to Teach Initiative

Analysis

Brothers Empowered to Teach Initiative is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in February 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Brothers Empowered to Teach Initiative reported income of $2.3m and spending of $1.0m, leaving 55% of income unspent that year. Across the 5 years on record, from June 2018 to June 2023, income grew from $585k to $2.3m (+294%), an average of +41% a year. The sharpest change came in the year to June 2023, when income rose by 366%. Over the whole period it spent 74% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Brothers Empowered to Teach Initiative sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within LA. Charities of a similar size with the same main cause include The One Room School House Project Inc ($2.3m), Gente Organizada ($2.3m) and Innova Girls Academy Charter School ($2.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $185k (18% of expenses). Other salaries and wages came to $99k. It paid $11k in professional fundraising fees. At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 5 employees.